monday.com Ltd. (NASDAQ:MNDY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of monday.com Ltd. (NASDAQ:MNDY) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-six research firms that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, twenty-two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $292.3636.

Several equities research analysts have issued reports on MNDY shares. The Goldman Sachs Group decreased their price objective on shares of monday.com from $350.00 to $270.00 and set a “buy” rating for the company in a research note on Wednesday, August 13th. Baird R W upgraded shares of monday.com from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 6th. Oppenheimer began coverage on shares of monday.com in a research note on Wednesday, August 27th. They issued an “outperform” rating and a $300.00 target price for the company. Wall Street Zen downgraded shares of monday.com from a “buy” rating to a “hold” rating in a research note on Saturday, July 5th. Finally, Wells Fargo & Company began coverage on shares of monday.com in a research note on Tuesday. They issued an “overweight” rating and a $260.00 target price for the company.

monday.com Stock Performance

Shares of MNDY stock opened at $182.26 on Friday. monday.com has a one year low of $166.22 and a one year high of $342.64. The company has a 50 day moving average price of $205.59 and a 200 day moving average price of $253.49. The firm has a market capitalization of $9.25 billion, a price-to-earnings ratio of 246.30, a price-to-earnings-growth ratio of 8.71 and a beta of 1.24.

monday.com (NASDAQ:MNDY) last released its quarterly earnings data on Monday, August 11th. The company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.25. monday.com had a net margin of 3.63% and a return on equity of 6.32%. The company had revenue of $299.01 million during the quarter, compared to the consensus estimate of $293.60 million. During the same period in the previous year, the firm earned $0.94 earnings per share. monday.com’s revenue for the quarter was up 26.6% on a year-over-year basis. monday.com has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts forecast that monday.com will post 0.46 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in MNDY. ASR Vermogensbeheer N.V. bought a new position in monday.com during the 1st quarter valued at $25,000. Summit Securities Group LLC bought a new position in monday.com during the 1st quarter valued at $25,000. NewEdge Advisors LLC boosted its stake in monday.com by 2,120.0% during the 1st quarter. NewEdge Advisors LLC now owns 111 shares of the company’s stock valued at $27,000 after acquiring an additional 106 shares during the last quarter. Grove Bank & Trust acquired a new stake in shares of monday.com during the first quarter worth $30,000. Finally, First Horizon Advisors Inc. raised its holdings in shares of monday.com by 72.9% during the first quarter. First Horizon Advisors Inc. now owns 166 shares of the company’s stock worth $40,000 after purchasing an additional 70 shares during the period. 73.70% of the stock is currently owned by institutional investors.

About monday.com

monday.com Ltd., together with its subsidiaries, develops software applications in the United States, Europe, the Middle East, Africa, the United Kingdom, and internationally. The company provides Work OS, a cloud-based visual work operating system that consists of modular building blocks used and assembled to create software applications and work management tools.